Stellar Lending & Borrowing

Stellar DeFi Hub

Stellar DeFi Hub is a unified access point for DeFi activity on the Stellar network — operated by Ultrastellar (a Stellar ecosystem participant since 2014). Its launch surface is Sentora's curated non-custodial vaults on Stellar (also reachable via yield.xyz), with a roadmap spanning additional vault strategies across DeFi and real-world assets (RWAs).

Lucent

A Liquity v2-style CDP protocol on Stellar lets users mint ☆USD (placeholder), a decentralized overcollateralized stablecoin, using XLM and other blue-chip assets as collateral. For borrowers, it offers fixed-rate, open-term USD credit. Rates are set by the user or via interest rate managers; they can be changed anytime. If a rate is too low, positions can be redeemed using collateral value, with no loss to the borrower. Historically, this model delivers cheaper fixed rates than dynamic-rate markets, Morpho-style fixed-rate orderbooks, and rate swaps, without repayment deadlines. For yield seekers, returns come from borrower interest and liquidation gains. The Stability Pool earns a share of interest and buys collateral at a discount during liquidations. DEX LPs earn interest share, trading fees, and incentives. For Stellar, this unlocks yield on XLM by enabling carry trades by borrowing ☆USD and deploying into Stability/DEX pools, making idle XLM productive. ☆USD acts as native liquidity for future lending, trading use cases, and scalable collateral expansion.

MyDataCoin

MyDataCoin builds privacy-preserving DeFi lending and KYC compliance on Stellar using zero-knowledge proofs and self-sovereign identity, with an 'Atria' dashboard suite.

The Strategists

PaltaLabs' The Strategists builds reusable Soroban smart-contract modules for DeFi yield optimization (tied to their DeFindex product), funded by SCF #42.

XOXNO

XOXNO is an enterprise-grade decentralized lending protocol built on Stellar's Soroban smart contract platform. It opens up advanced on-chain capital strategies to more market participants through a clean and intuitive UI/UX, with plans to integrate RWA markets. Core features include eMode-style capital efficiency optimizations for correlated assets, looping strategies, leveraged long/short exposure via native aggregator integrations, flash loans, isolated liquidity pools with independent risk profiles, NFT-based position management, and multi-source oracle protection. The team previously built and scaled the XOXNO DeFi platform on MultiversX since 2021, serving 100,000+ users and processing $40M in on-chain marketplace volume.

Vaquita

Vaquita is a save-to-earn DeFi savings protocol on Stellar/Soroban for LATAM and unbanked users (SCF 'Gamified savings' award). It redistributes yield from early withdrawers to committed savers using game-theory incentives. Note: this is a gamified DeFi savings product, not a game.

Turbolong

Turbolong is a one-click leveraged trading platform on Stellar. Users open amplified long positions on Blend Protocol pools through atomic recursive lending loops: no perpetual futures, no funding rates, just direct on-chain leverage with sub-5-second finality. The platform supports up to 12.9× leverage across 8+ assets and 3 Blend pools today, with a managed-vault version (auto-rebalancing) built on DeFindex. Our vision is to make leveraged DeFi accessible on Stellar by combining (a) the speed and cost advantages of Soroban, (b) recursive lending strategies that earn BLND emissions on top of the underlying asset yield, and (c) one-click UX that hides multi-step DeFi complexity behind a single signed transaction. We want Turbolong to be the default leverage venue on Stellar: for retail users seeking yield amplification, for vault depositors looking for managed leveraged real-world-yield products, and for cross-chain capital that has never had a reason to come to Stellar before.

Tezoro

Tezoro is a DeFi yield aggregator that aggregates 2,000+ markets and automatically keeps user assets in the top-yielding positions, targeting 8.3% net APY. To reduce risk, users choose a risk level, assets are diversified across multiple markets, and AI monitors vaults 24/7. Tezoro aggregates Stellar-native protocols and bridges the highest yields from other chains to Stellar. It serves retail users, institutions, and DAOs seeking the best DeFi returns directly on Stellar.

Microvault

Microlending engine by Kenya-based Shamba Records that uses SEP-56 tokenized vaults on Stellar's Soroban platform to deliver undercollateralized credit to smallholder farmers in East Africa, with loans requested via USSD/SMS and disbursed in local currency.

K2 Lend

A lending protocol on Stellar featuring pooled, isolated, and gated lending markets.

Huma

Huma Finance is the first Payment Financing (PayFi) network, designed to provide instant liquidity solutions for global payments by leveraging blockchain technology.

Hatom Protocol

Hatom is a DeFi liquidity hub that turns idle capital into productive, composable liquidity. The protocol enables users to supply assets, borrow safely, and deploy capital through an over-collateralized lending system with transparent, on-chain risk parameters. Its liquid staking module allows staked assets to remain usable in DeFi while continuing to earn staking rewards. Hatom also expands liquidity beyond a single ecosystem, connecting MultiversX with Stellar through its Capital Efficiency Layer — and with Bittensor, bringing TAO holders into DeFi through native integrations. The stack is completed by USH, Hatom's decentralized stablecoin, designed to improve capital efficiency and strengthen on-chain liquidity.

Backyard

Backyard lets users create their own liquid yield strategy for stablecoins. Users build diversified stablecoin yield strategies by allocating across multiple yield vaults (e.g., Blend or Spiko vaults). These strategy LP tokens can optionally be used to mint Backyard Dollar (BYD), allowing users to earn yield while retaining liquidity. By separating yield generation from liquidity, Backyard solves one of DeFi's core inefficiencies: capital locked in yield strategies that cannot be reused without exit friction. The protocol is governed by a ve(3,3)-style capital coordination system, aligning emissions, governance, and liquidity incentives to route capital toward the safest and most productive strategies over time.